Choosing the right business model
One of the ideas we’ve been working on at Co-operatives First involves choosing a business model: how do you choose which one is right for your group and your community?
There is a group centred out of Davidson, Saskatchewan who are exploring what it means to create local supports to allow regional residents to age in place which they have called the “Lifelong Rural Living Project.”
With a dedicated group committed to collecting the observations and opinions of others, both nearby and around the province, we’re supporting them as they create a fantastic new way to re-think ‘rural living.’
One of the supports we created early in their journey was a comparative chart. It sets out some differences and similarities between a co-operative, a non-profit, and a community services co-operative (all legal entities in Saskatchewan.)